34 Answered Questions for the topic Management accounting


HELP!!!! Managerial Word Problem

Consider the following table and prepare a segmented income statement on paper. Use your income statement to answer the following questions:What is the contribution margin for Product A? What is... more
Management Accounting


If I have a cost of $6.50 for an item and I need a CM of 21%, how do I calculate the price needed?

 If I have a cost of $6.50 for an item and I need a CM of 21%, how do I calculate the price needed?


Segment Margin Cost Accounting Question Need Help

Hi, I need detailed help with steps, and how to solve with everything explained:   Hatch Company has two divisions, O and I. During the year just ended, Division O had segment margin of $9,000... more


Difficult Absorption Costing Question Managerial Accounting

I need detailed help with steps on how to solve : SmoothIt Inc is facing a problem with their 4th quarter absorption costing net operating income on December 23rd. The net operating income target... more


Absorption Costing Question Managerial Accounting

I need detailed help with steps on how to solve , and guidance as to where each number comes from :   In 2006 Voest's income under absorption costing was $15,000 higher than its income under... more


Accounting help please.

Any business event that might affect the future of a business profitability should be reported on the balance sheet. True or False?


Accounting Budgeted Expenses Question Will Give Best Answer, Need Help Today

I need detailed help on how to solve, and where each number comes from to obtain correct answer of E)   Orange Corporation makes and sells a single product called the IPax. The demand for IPax... more


Cost Accounting Standard Hours Question Need Help

Hall Company's standards call for 900 direct labor hours to produce 500 units. During May 400 units were produced. The company worked 700 direct labor hours. The standard hours allowed for May's... more


Calculate Cash Disbursments Question Accounting

Answer was 200,156 but I need help with steps as to why :   Foxglove Company, a growing retailer, is preparing its budget for the first half of the year assuming the following for sales in each... more


fixed manufacturing overhead managerial accounting

I need detailed help with steps on this two-part problem, the answers were C) and B) respectively but I need assistance with steps as to why :   The Hawkins Company uses a standard costing system... more


Budgeted Purchases Managerial Accounting Question

I need detailed help with steps on how to solve this, and why answer was B) :   Prestwich Company has budgeted production for next month as follows :   Production In Units : 1st Quarter :... more


Accounting Net Income Question Need Assistance Will Give Best Answer

I need detailed help with steps on how to find answer, and reason why answer is what it is :   Carpon Lumber sells lumber and general building supplies to building contractors in a medium sized... more
Management Accounting Accounting Managerial Accounting


Tough Cost Accounting Question Need Help

Assume selling price per unit is $30, the contribution margin ratio is 40%, and the break even point is 5,000 units. What is total amount of fixed costs ?   a) 20,000 b) 30,000 c) 50,000 d)... more


Relevant Range Question Accounting Need Help

A company's variable cost per unit is $2. It sold 20,000 units and earned $15,000 operating income after a total cost of $55,000. What would be the total operating income the company can earn at a... more


Net Operating Income Question Accounting Need Help

Mehmet Company sold 60,000 units and earned $40,000 operating income in the current month. Margin of safety in the current month was 20,000 units. The firm's marketing manager suggests that, if the... more


Total Budgeted Factory Overhead Question , Will Give Best Rating Immediately

The following data are budgeted for Culver Company : April : Sales Units : 12,000 Production Units : 15,000 May : Sales Units : 17,000 Production Units : 16,000 June : Sales Units : 15,000... more


Return On Investment Question Managerial Accounting Need Help

The Clipper Corporation had net operating income of $380,000 and average operating assets of $2,000,000. The corporation's minimum required return on new projects is 18%. The U.S. division of the... more


Average Operating Assets Calculation Question Accounting

Last year, our return on investment equaled 20% ; our residual income equaled $50,000, and our minimum required rate of return (cost of capital) was 12%. What were our average operating assets... more


Operating Division Allocation Question Need Help

Boudrie Corporation's Maintenance Department provides services to the company's two operating divisions : the Paints Division and the Stains Division. The variable costs of the Maintenance... more


Make or Buy Decision Question Managerial Accounting

Ahron Company makes 8,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows :   Direct Materials : $14.90 Direct Labor :... more
Management Accounting Accounting Accountancy


Managerial Accounting Questions need help by today

Moronta Inc manufactures a single product and is budgeted to produce 1,100 units in the month of March. For material, the product requires a standard quantity of 8 pounds per unit with a standard... more


Managerial Accounting Tough Question Need Help Today -> Variance

Germosen, Inc. uses a standard cost system with direct labor hours (DLH's) as the application base for manufacturing overhead. Results for the year are below:Prior to start of the year:Standard... more


Activity Variance Question Need Help

Carnation's Roof Repair has provided the following information concering its budgeted costs:Wages and Salaries Fixed Cost per month : $21,380 Cost Per Repair Hour : $15.80Parts and Supploies Fixed... more
Management Accounting Accounting Managerial Accounting


Actual Purchase Price Per Yard of Material Accounting Need Help Today

Construction Safety Corporation manufactures orange plastic safety suits for road workers . The following information relates to the corporation's purchases and use of materials for the month of... more
Management Accounting Accounting Managerial Accounting


Determine budgeted production level in units for past year Managerial Accounting Need Help

Edelweiss Company uses a standard costing system and applies its fixed manufacturing overhead costs to products based on the number of direct labor hours. Some data for last year are given below.... more

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